Harvest Fund Stock Forecast - Naive Prediction

508098 Stock   2.61  0.01  0.38%   
The Naive Prediction forecasted value of Harvest Fund Management on the next trading day is expected to be 2.61 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.93. Harvest Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Harvest Fund stock prices and determine the direction of Harvest Fund Management's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Harvest Fund's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Harvest Fund is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Harvest Fund Management value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Harvest Fund Naive Prediction Price Forecast For the 25th of November

Given 90 days horizon, the Naive Prediction forecasted value of Harvest Fund Management on the next trading day is expected to be 2.61 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.93.
Please note that although there have been many attempts to predict Harvest Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Harvest Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Harvest Fund Stock Forecast Pattern

Harvest Fund Forecasted Value

In the context of forecasting Harvest Fund's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Harvest Fund's downside and upside margins for the forecasting period are 2.04 and 3.18, respectively. We have considered Harvest Fund's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
2.61
2.61
Expected Value
3.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Harvest Fund stock data series using in forecasting. Note that when a statistical model is used to represent Harvest Fund stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria110.2396
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0152
MAPEMean absolute percentage error0.0057
SAESum of the absolute errors0.9251
This model is not at all useful as a medium-long range forecasting tool of Harvest Fund Management. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Harvest Fund. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Harvest Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harvest Fund Management. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
2.042.613.18
Details
Intrinsic
Valuation
LowRealHigh
1.722.292.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Harvest Fund. Your research has to be compared to or analyzed against Harvest Fund's peers to derive any actionable benefits. When done correctly, Harvest Fund's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Harvest Fund Management.

Other Forecasting Options for Harvest Fund

For every potential investor in Harvest, whether a beginner or expert, Harvest Fund's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Harvest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Harvest. Basic forecasting techniques help filter out the noise by identifying Harvest Fund's price trends.

Harvest Fund Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Harvest Fund stock to make a market-neutral strategy. Peer analysis of Harvest Fund could also be used in its relative valuation, which is a method of valuing Harvest Fund by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Harvest Fund Management Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Harvest Fund's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Harvest Fund's current price.

Harvest Fund Market Strength Events

Market strength indicators help investors to evaluate how Harvest Fund stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harvest Fund shares will generate the highest return on investment. By undertsting and applying Harvest Fund stock market strength indicators, traders can identify Harvest Fund Management entry and exit signals to maximize returns.

Harvest Fund Risk Indicators

The analysis of Harvest Fund's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Harvest Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting harvest stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in Harvest Stock

Harvest Fund financial ratios help investors to determine whether Harvest Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Harvest with respect to the benefits of owning Harvest Fund security.